Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/299768 
Year of Publication: 
2022
Series/Report no.: 
Working Papers in Economics and Management No. 03-2022
Publisher: 
Bielefeld University, Faculty of Business Administration and Economics, Bielefeld
Abstract: 
In this paper we empirically analyze the effect of the vaccinations against the SARS-CoV-2 virus on the Covid-19 pandemic for European countries from February 2021 to February 2022 with weekly data. We perform panel fixed effects estimations, GMM estimations and nonlinear penalized spline estimations. We find a statistically significant and positive relation between the share of infections with the SARS-CoV-2 virus and the share of vaccinated people. That holds for both fully vaccinated persons and for people having received a booster injection as well. As regards hospitalizations we find weak empirical evidence for a negative relation between vaccinations and the rate of hospitalizations.
Subjects: 
Covid-19
vaccination
pandemic
externalities
JEL: 
C10
D62
I10
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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